LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Receives Consensus Rating of “Strong Buy” from Analysts

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) have been assigned an average rating of “Strong Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a buy recommendation and four have assigned a strong buy recommendation to the company.

A number of analysts have weighed in on LVMUY shares. Hsbc Global Res upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. Citigroup raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Friday, October 11th. HSBC raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. TD Cowen raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Thursday, October 10th. Finally, Berenberg Bank raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Wednesday, October 30th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Price Performance

OTCMKTS LVMUY opened at $126.25 on Friday. The business’s 50 day moving average price is $129.25 and its 200-day moving average price is $139.09. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a fifty-two week low of $119.56 and a fifty-two week high of $191.63.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were issued a dividend of $1.181 per share. The ex-dividend date was Friday, November 29th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.